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Engineers India soars on receiving MoP&NG nod for 10% stake sale

11 Jul 2013 Evaluate

Engineers India is currently trading at Rs. 140.00, up by 0.35 points or 0.25 % from its previous closing of Rs. 139.65 on the BSE.

The scrip opened at Rs. 139.00 and has touched a high and low of Rs. 140.40 and Rs. 138.50 respectively. So far 8294 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 257.45 on 12-Oct-2012 and a 52 week low of Rs. 138.50 on 11-Jul-2013.

Last one week high and low of the scrip stood at Rs. 144.50 and Rs. 139.05 respectively. The current market cap of the company is Rs. 4717.11 crore.

The promoters holding in the company stood at 80.40 % while Institutions and Non-Institutions held 12.26 % and 7.34 % respectively.

Engineers India has received an approval from the Ministry of Petroleum & Natural Gas (MoP&NG) vide letter dated July 09, 2013 for the offer, involving disinvestment of 10% of paid-up equity share capital of the company (being 33,693,660 equity shares) out of its holding by way of an offer for sale (OFS) in the proposed offer of the company.

Engineers India is a total solutions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil and gas terminals and storages, fertilizers, mining & metallurgy and infrastructure projects. The company is also diversifying into water and waste management and has made inroads into nuclear, solar and thermal power sectors.

Engineers India Share Price

237.55 9.45 (4.14%)
04-Jun-2026 16:59 View Price Chart
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